Frank bought 9/10 of a yard of fabric. He will need 2/7 of a yard to make a small pillow. How many pillows will he be able to ma
ke? How much fabric will Fran have leftover?
1 answer:
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Given :
A = 25000
P = 20000
r % = 9.6 % = 0.096
n = 12
To Find :
The time taken say t.
Solution :
We know, compound interest is given by :
Taking log both sides :
Hence, this is the required solution.